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$458,800

322 18818 68 Avenue

Surrey · MLS® R3128809

All units at 18818 68 Ave →

2 bed · 2 bath · 762 sq ft · 2 parking

Condo · Single Family · built 2010 · 136 days on market

Listed by Linda Leite, Magsen Realty Inc.

Realtor's description

Fully laminated flooring enhances the open floor plans, providing design flexibility for entertaining. The modern, neutral, high-quality paint makes the entire living space feel warm and inviting.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 762 sq ft
Parking: 2
Year built: 2010
Property tax: $2,310 / yr
Strata fee: $434 / mo ($0.57 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 136
MLS®: R3128809

Features

Pets Allowed With Restrictions
Rentals Allowed With Restrictions
Refrigerator
Dishwasher
Stove
Microwave

Price check

Below typical for the area (-10%)

2026 assessment: $500,000 · asking is -8.2%
Price per sq ft: $602 vs $671 median for condos in Surrey for sale (1000)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 136 days · no price changes so far

The market here

Listed now: 60 days; median for 1068 condos for sale; this one 136 days

Condos in Surrey. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$500,000	$1,714

The listing shows $2,310 a year in property tax.

Estimate: the BC Assessment value times Surrey's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$2,625/mo

Mortgage $1,999 · Tax $193 · Strata $434

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$1,999/ monthly

loan $367,040

25-year amortization

down payment20% · $91,76020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 10, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $232,644
property transfer tax: $7,176; BC general rate
cash to close: $98,936; down + PTT
total paid: $599,684

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Rent: $1,872/mo
After all costs: −$938/mo
Cap rate: 2.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,999 · tax $193 · strata $434 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in Surrey (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

Location

The building's lot: 8,834 m² (95,088 sq ft) · PID 028-290-780. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary Hazelgrove Elementaryhomes in this catchment
800 m away · 7057 - 191 Street, Surrey · 604-574-0044
Secondary Clayton Heights Secondaryhomes in this catchment
400 m away · 7003 188 St, Surrey · 604-576-4138

From the Surrey School District 36's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

Development nearby

Rezoning
180 m away · 2024 · concluded
Rezoning Amendment to Existing CD Bylaw No. 15679 to accommodate a proposed office use (dental office) in Block A of the existing CD Zone.

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: City of Surrey development applications.

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